Quote:
Originally Posted by Bossxr8
And a lot of people are taking the jump into regional areas to take advantage of the cheaper real estate and being able to work from home now. And in turn, it's driving the prices up in regional areas, well in excess of the price rises in the capital cities. Covid has also resulted in a lot of people just wanting to get the hell out of melbourne thanks to captain lockdown as well.
As I posted earlier, prices are up around 25% here in the last 12 months. Staggering. The demand is just off the charts, and a lot of it is coming from people trying to get the hell out of melbourne.
|
We bought 2 years ago in a regional/country area.
The acreage next door to us while slightly better than ours but same size house built on the same size block sold a couple of months ago for double what we paid for ours.
I was only talking to the new neighbours a few says ago. Yep, wanted out of the rat race and now that they car work from home...